NVTS insider filing: Dipender Saluja reports RSU grants and large fund holdings

Rhea-AI Filing Summary

Dipender Saluja, a director of Navitas Semiconductor (NVTS), reported equity awards and holdings on Form 4. The filing shows transactions dated 08/06/2025: an annual award of 22,048 restricted stock units (RSUs) for the 2025–2026 board term that converts to one share per RSU and will vest in full immediately before the 2026 annual meeting subject to continued service, and 40,540 RSUs that were awarded as vested compensation for board service. Both awards are shown with a $0 price per share.

The filing also discloses indirect holdings of 3,237,161 shares held by Technology Impact Fund, L.P. and 5,944,420 shares held by Capricorn‑Libra Investment Group, LP; Saluja is reported as managing director of both and disclaims beneficial ownership except to the extent of his pecuniary interest.

Positive

• 22,048 RSUs granted as the annual director award for the 2025–2026 board term (one share per RSU, vesting before 2026 meeting)
• 40,540 RSUs reported as vested compensation for board service (awarded with a $0 reported price)

Negative

• None.

Insights

Financial Analyst

TL;DR: Director received routine RSU compensation; large indirect fund stakes disclosed; transactions are non‑cash grants, neutral near‑term market signal.

The Form 4 records an annual board RSU grant of 22,048 RSUs and 40,540 RSUs treated as vested compensation, each representing one share on vesting and reported at a $0 price. These entries are compensation events rather than open‑market buys or sales, so they do not indicate insider selling pressure. Material ownership is concentrated indirectly via two funds holding 3,237,161 and 5,944,420 shares, with Saluja identified as managing director and disclaiming beneficial ownership except for pecuniary interest. Overall investor impact is limited and routine.

Corporate Governance Expert

TL;DR: RSU vesting conditioned on continued board service aligns director compensation with tenure; disclosure of fund holdings and disclaimer is standard.

The filing clarifies vesting mechanics: the 2025–2026 annual RSU award vests in full immediately prior to the 2026 annual meeting subject to continued service or one year after grant if timing differs. The disclosure that large blocks of shares are held by funds where Saluja is managing director, coupled with a disclaimer of beneficial ownership except to the extent of pecuniary interest, is a standard governance disclosure. No sales, purchases for cash, or changes to control are reported, so corporate governance implications are routine.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Saluja Dipender

(Last) (First) (Middle)

C/O NAVITAS SEMICONDUCTOR CORPORATION

3520 CHALENGER STREET

(Street)

TORRANCE CA 90503-1640

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Navitas Semiconductor Corp [ NVTS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/06/2025		A(1)		22,048	A	$0	100,697	D
Class A Common Stock	08/06/2025		A(2)		40,540	A	$0	141,237	D
Class A Common Stock								3,237,161	I	Technology Impact Fund, L.P.(3)
Class A Common Stock								5,944,420	I	Capricorn-Libra Investment Group, LP(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares underlying an annual award of restricted stock units ("RSUs") granted for the 2025-2026 board term under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan (the "Plan"). Each RSU represents the reporting person's right to receive one share of Class A Common Stock of the issuer following the vesting date in accordance with the Plan and subject to applicable issuer policies. The RSUs will vest in full immediately before the issuer's 2026 annual stockholders' meeting, subject to the reporting person's continued service as a director at that time, and provided such meeting is within 30 days of the first anniversary of the 2025 annual stockholders' meeting (otherwise the RSUs will vest one year after the grant date).

2. Reflects award of vested RSUs in consideration for service on the board of directors.

3. Shares are held by Technology Impact Fund, L.P., of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.

4. Shares are held by Capricorn-Libra Investment Group, LP, of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Paul D. Delva, attorney-in-fact	08/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What RSU awards did Navitas (NVTS) director Dipender Saluja report on Form 4?

The Form 4 reports an annual award of 22,048 RSUs for the 2025–2026 board term and 40,540 RSUs awarded as vested compensation.

When do the newly granted RSUs vest for NVTS director Dipender Saluja?

The 22,048 RSUs will vest in full immediately before the issuer's 2026 annual stockholders' meeting, subject to continued service as a director, or one year after the grant if timing differs.

What price was reported for the RSU awards on the Form 4?

Both RSU entries in the filing are shown with a reported price of $0.

Does Dipender Saluja hold other NVTS shares indirectly?

Yes. The filing discloses 3,237,161 shares held by Technology Impact Fund, L.P. and 5,944,420 shares held by Capricorn‑Libra Investment Group, LP; Saluja is listed as managing director of both and disclaims beneficial ownership except to the extent of his pecuniary interest.

Do the Form 4 entries show any open‑market purchases or sales by the director?

No. The reported entries are RSU awards and vested RSUs; the filing does not show market purchases or sales.